$595,000 - 7420 Bathurst Street Unit 1602, Vaughan
Condo for Sale in Vaughan
33 days on market- MLS Number
- N13123184
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- EXP REALTY
Welcome to the prestigious Promenade Towers. This beautifully renovated and spacious suite offers a bright open concept layout with panoramic north west skyline views and exceptional natural light throughout. Featuring quality premium laminate flooring, a renovated kitchen with granite countertops, soft close cabinetry with premium hinges and elegant glass upper cabinets, black countertops, subway tile backsplash, stainless steel appliances, and a generous breakfast area with window, this home blends function and style. The separate formal dining room and sun filled solarium provide flexible living space ideal for entertaining or working from home. Two generous bedrooms include a primary retreat with mirrored his and hers closets and a private ensuite featuring a glass walk in shower. Renovated bathrooms, updated vanities, and clean modern finishes add to the move in ready appeal. This well kept suite also offers ensuite laundry, an oversized exclusive locker for abundant storage, and underground parking. Enjoy resort style amenities including guest parking, outdoor pool, sauna, gym, squash court, tennis court, recreation room, party room, security system, and indoor parking. Quiet yet conveniently located steps to Promenade Shopping Centre, public transit, schools, parks, places of worship, community centre, library, restaurants, and Highway 407. A rare opportunity in a sought after Thornhill neighbourhood that shows beautifully and offers space, layout, and lifestyle in one complete package.
Estimate your monthly payments for this property
Estimated Payment
$3,052.66/mo
Includes CMHC insurance ($16,601)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Vaughan
Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Vaughan
- •Convenient location in Vaughan
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
7420 Bathurst Street Unit 1602, Vaughan
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $595/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.